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UPDATE 1-Trump wants Apple to be involved in 5G infrastructure building in U.S.

U.S. President Donald Trump said on Thursday he had asked Apple Inc Chief Executive Officer Tim Cook to look into helping develop telecommunications infrastructure for 5G wireless networks in the United States. “They have it all – Money, Technology, Vision & Cook!” Trump tweeted. …read more […]

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U.S.-based McDermott says its participation in Russian petrochemical project is legal

U.S. oil services company McDermott International said on Thursday that its participation in a huge petrochemical project in Russia, announced this week, was in full compliance with the law and did not breach international sanctions against Moscow. Royal Dutch Shell pulled out of the same Baltic Coast project in April, saying Russian gas giant Gazprom had changed its final concept for the project which initially had been designed to produce only liquefied natural gas. …read more […]

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Aurora Cannabis Names Chief Product and Chief Integration Officers

Aurora Cannabis (NYSE: ACB) (TSX: ACB) has named Dr. Shane Morris as chief product officer and André Jérôme as chief integration officer. Morris previously worked as senior vice president of product development and regulatory affairs, while Jérôme was senior vice president of business integrations. The appointments are effective immediately. Morris joined Aurora in January 2018 to […]The post Aurora Cannabis Names Chief Product and Chief Integration Officers appeared first on Market Exclusive. …read more […]

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Anaplan: Fiscal 3Q Earnings Snapshot

SAN FRANCISCO (AP) _ Anaplan Inc. (PLAN) on Thursday reported a loss of $34.7 million in its fiscal third quarter. On a per-share basis, the San Francisco-based company said it had a loss of 26 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. …read more […]

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Business News

Exclusive: Trump administration to miss 2019 target for Alaska refuge oil lease sale – official

The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays in the environmental review process, Interior Secretary David Bernhardt told Reuters.

…read more […]

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Exclusive: Trump administration to miss 2019 target for Alaska refuge oil lease sale – official

The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays in the environmental review process, Interior Secretary David Bernhardt told Reuters. President Donald Trump has made opening up drilling in ANWR – America’s largest wildlife sanctuary – a key goal in his broader effort to maximize U.S. oil, gas, and coal production after previous administrations resisted energy industry pressure to access the area. The Interior Department has previously said https://www.reuters.com/article/us-alaska-oil-refuge/u-s-vows-first-oil-lease-sale-in-alaska-arctic-refuge-this-year-idUSKCN1T1011 it was determined that a sale would happen in 2019. …read more […]

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Tesla picks a fight with Detroit by going after the pickup market

Analysts expect the Tesla pickup, which Musk has said would combine the performance of a Porsche 911 sports car with the functionality of Ford Motor Co’s industry-leading F-150 full-size truck, to debut in late 2021 or early 2022 with a starting price of under $50,000. “Making an electric pickup truck that sells in the same price range as an F-150 and making it profitable will be tough,” said Sam Fiorani, vice president of global vehicle forecasting at Auto Forecast Solutions. As Musk pushes to take a bite of Detroit’s profits, Ford and larger rival General Motors Co are …read more […]